The Cryptonews website announced that Morgan Stanley revealed its large holding of shares of American Bitcoin Spot ETFs. The price of Bitcoin rose this week after the release of US Consumer Price Index (US CPI) data, which indicated moderate price pressures.
Bitcoin's last trading price at the time of publication was below $66,000, after recording new monthly highs above $66,750 before that during the day.
This came after major financial institutions - including Morgan Stanley - revealed large investments in Bitcoin spot trading funds on the American Stock Exchange, with a value amounting to $270 million according to Form 13F (Bitcoin Spot ETFs).
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